A. The Stockholders Equity below contains two errors. Identify the two errors and write them in the Excel file, in the area designated for it.

BENILUZ COMPANY
Stockholders Equity
June 30, 2021
Capital stock
4% preferred stock, $100 par value,
cumulative and nonparticipating,
200,000 shares authorized, 20,000
shares issued and outstanding............................... Preferred dividends in arrears ..		$2,000,000 (40,000) $1,960,000
Common stock, $5 par value, 1,000,000
shares authorized, 321,940 shares
issued with *3,500 shares held in the treasury..........		1,609,700
Total capital stock..............................................		$3,569,700
Additional paid-in capital
In excess of par-preferred stock...................................	$ 100,000
In excess of par-common stock....................................	6,539,620	6,639,620
Total paid-in capital...........................................		$10,249,320
Retained earnings		304,680
Total paid-in capital and retained earnings.......		$10,554,000
Plus: Treasury stock, *3,500 shares at cost.......		105,000
Accumulated other comprehensive income		124,000
Total stockholders equity.............................		$10,783,000